Tracked deals
28
28 tracked deals across 2019-2026.
Operating Company
Industrial Services
Groundworks
Virginia Beach, Virginia, United States
Nationwide foundation and water management solutions company providing foundation repair, basement waterproofing, crawl space encapsulation/repair, concrete lifting, and related services through a multi-location network of regional brands.
- Focus Areas
- Foundation repair, Basement waterproofing, Crawl space encapsulation / repair
- Website
- groundworks.com
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Addon
26 addon · 1 buyout · 1 growth capital
Groundworks Acquisition Volume by Year
Last 8 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 28 tracked deals for Groundworks.
-
February 18, 2026
- Buyer
- Groundworks
- Target
- WTX Foundation Repair
- Industry
- Building Products
- Location
- Texas, United States
- Type
- Addon
Groundworks announced its acquisition of WTX Foundation Repair, a provider of foundation repair and basement waterproofing in Amarillo, Texas. The deal marks Groundworks’ first expansion into New Mexico and extends its operations deeper into the Western part of Texas.
-
- Buyer
- Groundworks
- Target
- Rescon Basement Solutions
- Seller
- Christopher Brown
- Industry
- Construction
- Location
- New Hampshire, United States
- Type
- Addon
Groundworks, a national foundation and water-management platform, has acquired Rescon Basement Solutions of Hooksett, New Hampshire. The deal—Groundworks' 45th acquisition—marks the company's first location in New Hampshire and expands its New England footprint; Rescon's team will continue operating under the Groundworks name.
-
December 4, 2024
- Buyer
- Groundworks
- Target
- Yellowstone Structural Systems
- Industry
- Construction
- Location
- Montana, United States
- Type
- Addon
Groundworks, a Virginia Beach–based national foundation and water management platform, has acquired Yellowstone Structural Systems of Bozeman, Montana. The deal expands Groundworks' western U.S. footprint and establishes its first office in Montana to provide foundation repair, waterproofing and related services to local residential and commercial customers.
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August 28, 2024
- Buyer
- Groundworks
- Target
- Rainy Day Basement Systems
- Seller
- Dan Malsch (owner of Rainy Day Basement Systems)
- Industry
- Construction
- Location
- Washington, United States
- Type
- Addon
Groundworks, a Virginia Beach-based foundation and water management platform, has acquired Arlington, Washington-based Rainy Day Basement Systems. The acquisition expands Groundworks' Seattle-area footprint and brings Rainy Day's basement waterproofing and crawl space repair team into the Groundworks network while retaining the local team and offering employees ownership opportunities.
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July 31, 2024
- Buyer
- Groundworks
- Target
- Clarke Basement Systems
- Seller
- Don Clarke (owner of Clarke Basement Systems)
- Industry
- Construction
- Location
- Ontario, Canada
- Type
- Buyout
Groundworks, a Virginia Beach–based foundation and water management solutions company, has acquired Toronto-based Clarke Basement Systems, marking Groundworks' third location in Canada. The deal expands Groundworks' presence into Canada's largest market and brings Clarke's two decades of local expertise under Groundworks' national platform.
-
- Buyer
- Groundworks
- Target
- Matvey Foundation Repair, Inc.
- Seller
- Matthew Cote (owner of Matvey Foundation Repair)
- Industry
- Construction
- Location
- Washington, United States
- Type
- Addon
Groundworks, a national foundation and water management solutions company, has acquired Seattle-based Matvey Foundation Repair, Inc., marking Groundworks’ first location in Washington and expanding its West Coast footprint. The acquisition brings Matvey’s foundation repair, waterproofing and concrete services into Groundworks’ national platform and offers Matvey employees access to broader resources and ownership opportunities.
-
June 24, 2024
- Buyer
- Groundworks
- Target
- EagleLIFT
- Industry
- Construction
- Location
- California, United States
- Type
- Addon
Groundworks has acquired EagleLIFT, a Rancho Cucamonga, California-based foundation and soil stabilization specialist, expanding Groundworks' presence in Southern California. EagleLIFT will continue serving residential and commercial customers across California, Nevada and Arizona while benefiting from Groundworks' capital, technology and training resources.
-
- Buyer
- Groundworks
- Target
- Select Basement Waterproofing
- Industry
- Construction
- Location
- New Jersey, United States
- Type
- Addon
Groundworks, the national foundation and water management solutions platform, has acquired Select Basement Waterproofing and will rebrand the business as Groundworks to expand into New Jersey. The acquisition brings Groundworks immediate coverage across multiple New Jersey counties and adds residential services including basement waterproofing, foundation repair, crawl space encapsulation and mold remediation to its network.
-
January 5, 2024
- Buyer
- Groundworks
- Target
- URETEK South
- Seller
- Troy Austin
- Industry
- Construction
- Location
- Texas, United States
- Type
- Addon
Groundworks, a national foundation and water management solutions company, has acquired URETEK South, a Haltom City, Texas-based commercial concrete lifting and soil stabilization specialist. The deal expands Groundworks' capabilities into the commercial polymer-based concrete lifting market and strengthens its commercial platform nationally.
-
November 17, 2023
- Buyer
- Groundworks
- Target
- Eco-Soil Stabilizers
- Seller
- Randall Ragon (founder and CEO of Eco-Soil Stabilizers)
- Industry
- Construction
- Location
- Texas, United States
- Type
- Addon
Groundworks, the national foundation and water management solutions company, has acquired Eco-Soil Stabilizers, a Canyon Lake, Texas-based family business that provides proprietary soil stabilization injection technology. The acquisition adds Eco-Soil's soil-stabilizing capability to Groundworks' service offering and supports the company's continued expansion in Texas and nationwide.
-
July 19, 2023
- Buyer
- Groundworks
- Target
- Bay Area Underpinning
- Industry
- Construction
- Location
- California, United States
- Type
- Addon
Groundworks, the national foundation and water management solutions company, acquired Bay Area Underpinning, a California-based foundation repair and concrete lifting specialist. The deal establishes Groundworks' first West Coast location and will bring Bay Area Underpinning access to broader resources while maintaining local service leadership.
-
- Buyer
- Groundworks, Cortec Group
- Target
- Foundation Support Specialists (FSS)
- Seller
- Brian Holt, Richard Reed
- Industry
- Construction
- Location
- Texas, United States
- Type
- Addon
Groundworks, a PE-backed national foundation and water management solutions platform, has acquired Foundation Support Specialists (FSS), a family-owned foundation repair and waterproofing business serving San Antonio and Austin, Texas. The deal — announced July 2022 and facilitated by Cortec Group (Groundworks' PE backer) — expands Groundworks' footprint into Texas and represents an add-on acquisition to support geographic growth.
Related Acquisition Pages
Construction Buyers & Acquisitions
26 tracked deals by Groundworks.
Building Products Buyers & Acquisitions
2 tracked deals by Groundworks.
Acquisitions in Texas
4 tracked deals by Groundworks.
Acquisitions in Colorado
3 tracked deals by Groundworks.
Acquisitions in Pennsylvania
3 tracked deals by Groundworks.
Acquisitions in California
2 tracked deals by Groundworks.
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